Madison Investors Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.9%
1 yr return
31.2%
3 Yr Avg Return
11.0%
5 Yr Avg Return
13.7%
Net Assets
$408 M
Holdings in Top 10
47.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.16%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 17.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MNVAX - Profile
Distributions
- YTD Total Return 7.9%
- 3 Yr Annualized Total Return 11.0%
- 5 Yr Annualized Total Return 13.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.03%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMadison Investors Fund
-
Fund Family NameMADISONMUT
-
Inception DateAug 31, 2020
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRich Eisinger
Fund Description
MNVAX - Performance
Return Ranking - Trailing
Period | MNVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.9% | 0.3% | 17.0% | 73.69% |
1 Yr | 31.2% | 3.7% | 53.6% | 54.57% |
3 Yr | 11.0%* | -10.3% | 30.6% | 21.27% |
5 Yr | 13.7%* | -7.9% | 109.2% | 49.47% |
10 Yr | 12.3%* | 0.4% | 21.0% | 23.64% |
* Annualized
Return Ranking - Calendar
Period | MNVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.6% | -42.6% | 47.4% | 59.51% |
2022 | -18.6% | -56.3% | -4.2% | 21.39% |
2021 | 13.7% | -27.2% | 53.7% | 64.69% |
2020 | 4.0% | -36.2% | 2181.7% | 86.68% |
2019 | 23.3% | -22.7% | 40.4% | 48.76% |
Total Return Ranking - Trailing
Period | MNVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.9% | 0.3% | 17.0% | 73.69% |
1 Yr | 31.2% | 3.7% | 53.6% | 54.57% |
3 Yr | 11.0%* | -10.3% | 30.6% | 21.27% |
5 Yr | 13.7%* | -7.9% | 109.2% | 49.47% |
10 Yr | 12.3%* | 0.4% | 21.0% | 23.64% |
* Annualized
Total Return Ranking - Calendar
Period | MNVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 25.8% | -5.0% | 47.4% | 33.02% |
2022 | -13.4% | -36.8% | -2.2% | 18.28% |
2021 | 22.4% | 3.0% | 124.3% | 87.42% |
2020 | 14.2% | -15.8% | 2266.0% | 67.45% |
2019 | 30.1% | -0.4% | 241.3% | 48.14% |
NAV & Total Return History
MNVAX - Holdings
Concentration Analysis
MNVAX | Category Low | Category High | MNVAX % Rank | |
---|---|---|---|---|
Net Assets | 408 M | 2.59 M | 1.55 T | 70.84% |
Number of Holdings | 30 | 1 | 4053 | 94.76% |
Net Assets in Top 10 | 184 M | 885 K | 387 B | 64.11% |
Weighting of Top 10 | 47.47% | 0.3% | 112.0% | 12.17% |
Top 10 Holdings
- Alphabet, Inc. 8.06%
- Arch Capital Group Ltd. 5.75%
- PACCAR, Inc. 4.74%
- State Street Institutional U.S. Government Money Market Fund, Premier Class 4.69%
- Fiserv, Inc. 4.63%
- Amazon.com, Inc. 4.35%
- Berkshire Hathaway, Inc. 3.95%
- Analog Devices, Inc. 3.81%
- Parker-Hannifin Corp. 3.75%
- Lowe's Cos., Inc. 3.75%
Asset Allocation
Weighting | Return Low | Return High | MNVAX % Rank | |
---|---|---|---|---|
Stocks | 95.20% | 0.00% | 124.03% | 90.38% |
Cash | 4.80% | 0.00% | 99.06% | 9.46% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 77.95% |
Other | 0.00% | -13.91% | 100.00% | 78.73% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 76.31% |
Bonds | 0.00% | -0.50% | 94.15% | 78.11% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MNVAX % Rank | |
---|---|---|---|---|
Financial Services | 26.29% | 0.00% | 55.59% | 2.23% |
Technology | 18.19% | 0.00% | 48.94% | 83.77% |
Consumer Cyclical | 15.55% | 0.00% | 30.33% | 4.46% |
Healthcare | 14.92% | 0.00% | 60.70% | 36.75% |
Industrials | 10.63% | 0.00% | 29.90% | 27.13% |
Communication Services | 9.26% | 0.00% | 27.94% | 29.67% |
Consumer Defense | 5.16% | 0.00% | 47.71% | 82.90% |
Utilities | 0.00% | 0.00% | 20.91% | 97.53% |
Real Estate | 0.00% | 0.00% | 31.91% | 97.22% |
Energy | 0.00% | 0.00% | 41.64% | 97.45% |
Basic Materials | 0.00% | 0.00% | 25.70% | 98.81% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MNVAX % Rank | |
---|---|---|---|---|
US | 95.20% | 0.00% | 124.03% | 80.06% |
Non US | 0.00% | 0.00% | 62.81% | 81.94% |
MNVAX - Expenses
Operational Fees
MNVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.16% | 0.01% | 16.07% | 28.72% |
Management Fee | 0.70% | 0.00% | 1.89% | 82.33% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 56.63% |
Administrative Fee | 0.20% | 0.00% | 0.85% | 77.98% |
Sales Fees
MNVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 1.00% | 5.75% | 32.88% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MNVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MNVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 17.00% | 0.00% | 496.00% | 36.89% |
MNVAX - Distributions
Dividend Yield Analysis
MNVAX | Category Low | Category High | MNVAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 25.10% | 9.01% |
Dividend Distribution Analysis
MNVAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Semi-Annually |
Net Income Ratio Analysis
MNVAX | Category Low | Category High | MNVAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.03% | -54.00% | 6.06% | 85.55% |
Capital Gain Distribution Analysis
MNVAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2023 | $2.100 | OrdinaryDividend |
Dec 28, 2021 | $2.139 | OrdinaryDividend |
Dec 27, 2019 | $1.305 | OrdinaryDividend |
Dec 26, 2018 | $0.102 | OrdinaryDividend |
Dec 28, 2017 | $0.034 | OrdinaryDividend |
Dec 29, 2015 | $0.125 | OrdinaryDividend |
Dec 30, 2014 | $0.053 | OrdinaryDividend |
MNVAX - Fund Manager Analysis
Managers
Rich Eisinger
Start Date
Tenure
Tenure Rank
Jun 30, 2019
2.92
2.9%
Rich serves as a mid-cap and large cap portfolio manager and analyst on Madison’s U.S. Equity Team. He is one of the Principals at Madison Investments and is Co-Head of Investments with a focus on the firm’s Equity Teams. He started in the financial services industry in 1994 and joined Madison in 1997. Rich is also a member of the firm’s Executive and Investment Risk Management Committees as well as the Board of Directors. He earned his J.D. from the University of Louisville and his MBA from Cornell University.
Haruki Toyama
Start Date
Tenure
Tenure Rank
Feb 28, 2022
0.25
0.3%
Haruki serves as a portfolio manager for Madison’s mid-cap strategies and is an equity analyst for Madison’s U.S. Equity Team. Haruki has been working in the financial industry since 1994 and joined Madison in 2014. He earned his B.A. in music and economics from Brown University and MBA from Cornell University.
Joe Maginot
Start Date
Tenure
Tenure Rank
Feb 28, 2022
0.25
0.3%
Joe serves as a large cap portfolio manager and analyst on Madison’s U.S. Equity Team. He started in the financial services industry in 2012 and joined Madison in 2019. Prior to joining Madison, he was an Investment Analyst at Zuckerman Investment Group. Joe earned his B.A. in chemistry and minor in economics from Indiana University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.21 | 2.42 |